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<br />EXTENSION AGREEMENT v
<br />In co;~sideration of the extension of the time of payment of the originaA promissory
<br />ante hereinafter described, the undersigned, Carl Winfred Lumbard and
<br />Harriett Lumbard hereby covenant and agree to pay to `the First National
<br />Sank of Grand Zsland, Grand Island, Nebraska, or artier, the principal sum of
<br />TWENTY THOUSAND A:~ID NO/100---------------_---------------------------_($ZO,000.nO },
<br />together with interest thereon at '~._ per cent per annum from the date hereof,
<br />such sum to be payable on_ Kay 1~+ ~~ _~ Interest shall be payable at maturity
<br />on "zay 12, 1482
<br />The origiaal principal note in the amount of TWENTY-THOUSAND AND NO/100------------
<br />($20,Ofi4.04 } was executed and delivered by tl:e undersigned under the date of
<br />-~,ove'- :a~r~3, 1981 ~ to The First National hank of Grand lsland, Grand Island,
<br />Nebraska., and was due and payable on the 11th day of February, l5°2 together
<br />•aith interest at 18 per cent per annum and secured by Real Estate Mortgage
<br />to The First National Bank of Grand 'island, Grand Island, Nebraska, recorded as
<br />Document ,'"181-045766 in the aortgage Records of Hall County, Nebraska
<br />The undersigned agrees to pay such extended balance of principal of TWENTY THOiSAND
<br />AND ;v0/100------------------ ($20,000.00 ), together with interest thereon at
<br />'~ per cent per annum, such principal. and interest to be payable in lawful
<br />money of the Jnited States of America at The First National Bank of Grand Island,
<br />Grand Island, Nebraska.
<br />A21 of the covenants and agreements in such original Hate and the Real Estate Mortgage
<br />above-described, other than hcreiabef,are modified, s'rall ..~ and remain unchanged and
<br />in full force and effect during such extended period. lfrdefault be made in payment
<br />of any principal sum, the entire principal sum with interest thereon, shall become
<br />immediately due and payable at the election of the legal holder thereof.
<br />Zn further consideration of such extension of time of payment of such indebtedness,
<br />I hereby ratify and confirm such mortgage recorded as Document ~r81-005766
<br />in heal Estate lartgage records of ?loll _ Count; ;-CeTiras a as
<br />the first mortgage lien upon the real property described therein, and the whole of
<br />the title thereto as Haw owned by me.
<br />The undersigned executes this Extension Agreement with reference to and an the faith
<br />and credit of their property, which they now own or have an interest in or hereafter
<br />may acquire; the express intention being to charge and to continue to charge any and
<br />all of such property with the payment of the indebtedness, the payment of which is
<br />herein extended.
<br />TN WITl1E55 E,tHEiLEOF, the undersigned have hereunt set their afids this 11th d~.of
<br />February, 1982 r ~~~ _~~-~,
<br />"~ ~ -`C"ar win e Z,umb-ard-
<br />L , ' ~
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<br />~.-..' V Lam.., ..~J 'IL.•6ti ,
<br />aTrlet um a' rcT
<br />STATE f?F NEBRASKA _}
<br />}55,
<br />C~I3NTY OF HAId. }
<br />''On t4cis 11th day of February, 1482 be€ore me, the undersigned a Notary Public,
<br />ih ant! fo= '--'- County, personally ~-ame Carl Winfrey l.itmbard and
<br />~arxi~t= =~~ar~-~~perscnally k-town to me to be the idenCical persons whose namzs
<br />are of€i.xeu co=.t.he above and foregoing Extension Agreement as makers, and they
<br />acknowledged said i~s:tru~ent and the execution thereof to be their voluntary act and
<br />deed for the pu~ysose therein expressed.
<br />IFi TE5TZi~lN'i 'ddER.ItiOF, I have hereunto affixed my Ftard and official seal at
<br />t':rand is and., '~ataraaka an the day c°zncl year _ast abo~ve/ written. ----_~~-_~^~~
<br />~, `-a' ~'
<br />Notary Yub;.ic
<br />>blk~ti~y~MIY
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